Tuesday, November 9, 2010

It didn't take very long for the Department of Labor and Industries to calculate 2011's workers' compensation rates. You may remember the imbroglio that ensued after L&I declined to issue its proposed 2011 rates due to the changes that Initiative 1082 may impose (calculating premiums based on employee payroll, as opposed to hours worked). But since I-1082 was defeated last week L&I wasted no time in issuing the verdict: a 12 percent average rate increase. This follows the 2010 rate increase of 7.6 percent . . . READ MORE